For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1949:Q4 to 2012:Q1). The last value (as of June 8, 2012) is $62.86558 Trillion:
(click on each chart to enlarge image)
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1325.66 as this post is written
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